Futures looks bright as recruitment group enjoys record trading

Recruitment firm Futures.co.uk said it had its best trading period in its 25-year history, after turnover surged to £10.6m.
Tom Liptrot, managing director of Futures.co.ukTom Liptrot, managing director of Futures.co.uk
Tom Liptrot, managing director of Futures.co.uk

Leeds-based Futures.co.uk said its turnover was up from £6.3m on the previous year, a rise of more than 68 per cent.

In the results for the year ended July 31, the company reported a gross profit of £2.4m, up from £1.56m in 2014, and a net profit of £1.11m which has risen from £0.27m on the previous year.

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Tom Liptrot, managing director of Futures.co.uk, said: “These results reflect a 12-month period of significant growth for our business.

“Whilst some of this success can be attributed to improvements in the economy, we’ve complemented the upturn by working hard to create better and more efficient working practices across all divisions of the business.”

Futures.co.uk says it has created ten new jobs over the past 12 months and now employs a 29-strong team across its offices in Leeds, Manchester and London, providing both interim and permanent recruitment solutions within the private and public sectors.

Core sectors of specialisation include interim management and search services for education and social care, as well as working with the manufacturing and engineering sectors.

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“We’re now firmly focussed on expanding our team further and attracting top talent from the industry into our business, as well as developing and promoting our existing team wherever possible, which is key to our future expansion plans,” said Mr Liptrot.

He added: “We’re also reinvesting a substantial proportion of our profits back into the business in order to fund our next phase of growth which will make for another exciting and rewarding 12 months.”

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